Advice for Buying a Beach House as a Second Home

If you live in the North or even some parts of the Midwest, you may already be feeling the fall chill. Before you know it, you’ll be back to shoveling snow and waiting anxiously for spring’s soft breezes to warm up your shivering bones. In moments like these, you may start thinking about buying a second home, but not just any home – a house on the beach where the weather is mild year-round. Before you dive headfirst into home listings, ask yourself the following questions:

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Why do you want to buy a second home?

If you love where you currently live, but you just happen to be weathering a once-a-year cold snap, you may not want to take on the extra responsibility of owning a second home. Ask yourself why you really want the second house, and be honest in your answer. If you find that you do want to get away from the snow or you really want to have a vacation house on the beach, then by all means, start checking listings!

Do you know the true costs?

If you’ve never owned a second home before and you are not from the area that you’re house hunting in, you may be surprised by the cost differences. Property taxes differ from state to state, insurance is different on second homes, flood insurance is probably a more relevant concern, and your potential new community may have HOA fees to consider. These things shouldn’t necessarily deter you from thinking about a beach home, but it is important to be aware of them before you buy.

What are the neighbors and community like?

Even if you’re only spending a few weeks a year in your beach house, it’s important that you like your neighbors and community. You won’t be home much of the time, and kind neighbors who keep an eye out for your property are essential. You also want to be comfortable in the community as a whole; the people that you’re around on vacation can have a big impact on your overall perception of the trip. Do some research on the community and see if it has the amenities you like or social groups that you can get involved in during your stay.

If you’ve asked yourself these questions, you’re on your way to being prepared for a second home purchase. If you already know that a beach home is right for you, take a look at Seabrook’s waterfront properties or reach out to one of our agents today!